Posts Tagged Insurance
The Car Insurance That’s Right for You: Part 2
We’ve covered the most common factors that will affect the price of your premium, but they are by no means the only factors. The type of car you drive will have a big bearing on the cost.
Tags: Insurance, Part, Right, That'sCurrently, vehicles fall into 20 insurance groups, with group 1 being the lowest, cheapest group. This includes small, low-power cars such as Fiat Cinquecentos, Skoda Fabias and similar. Group 20 includes high-risk, high-performance cars such as Lancers, Lotuses and Mercedes. If you’re planning on buying a particular car, it’s worth checking which group it falls into beforehand, so you know what to expect. There’s no point in saving up for ages to buy the Impreza you’ve had your eye on, only to find you can’t afford the group 19 insurance.
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How To Overcome Fuel Prices And High Car Insurance Premiums
The news that fuel is on the increase yet again is everywhere. It’s not so long ago that there were strikes and shortages in a bid to shake the government into reducing the tax on oil products and yet here we are, just a few short years later, looking at over-inflated prices for our petrol and diesel. Car insurance is on the increase to cover the amount that companies pay out for when immigrants flout the insurance laws and do damage to other peoples vehicles. With these two facts coming together it’s a wonder anyone can afford to keep a car anymore.
But all is not lost. Car manufacturers are constantly working on electric vehicles to replace the petrol ones but it’s been slow coming. The problem has been that consumers are disappointed with the performance of electric cars but one company at least are overcoming this.
With a top speed of 125mph and doing 0 – 60mph in 3.9 seconds, the Tesla Roadster is an electric sports car to be proud of. Faster than a Lotus and as sleek as a Ferrari, this car should leave the competition standing. It is fast becoming the must have in Hollywood for those who are eco conscious, including George Clooney and Matt Damon, and is about to be released to the UK public who want to either reduce their carbon footprint or reduce their vehicle expenses.
Electric cars have always been much cheaper to run and car insurance companies favour them but, at best, they have so far managed a 48 mile range. That’s easy mileage to do just poodling around town, let alone on a long journey. They also need lead-acid batteries which have their own implications for the environment and need replacing every three years at a cost of 1,300 pounds each! Needing eight hours to fully charge, the whole idea that an electric car would be feasible has much with a good deal of opposition.
For some reason, manufacturers have struggled to make an electric car look anything other than silly. In fact, most of them look like the type your children pull back and then watch whiz across the floor. The hybrid vehicles, which run on a combination of petrol and battery have been the better looking option that are still cheaper to run than a complete petrol engine.
However, if you are concerned about the environment and you want to do your bit, if you’re interested in keeping down running costs and car insurance and if you are in the market for an electric car that costs almost 80,000 pounds you should at least be able to command that your car look more like a serious statement rather than a toy.
British engineering has come together with entrepreneurs from the US and PayPal founder Elon Musk, all with further investments from the founders of Google to bring the sleekest, sportiest, highest performance electric sports car invented to date. Battery recharging takes a mere three hours but will now last a much more impressive 220 miles.
So, how have they done this? To keep it simple they’ve used a different type of battery to the norm. Essentially, it is a much bigger version of a mobile phone battery and produces a stunning performance with a lifespan of 100,000 miles. Current orders of the Tesla have outstripped demand until 2009 in the US so let’s hope all the hype is justified, but more than that, let’s hope it brings an end to fuel tax keeping us over a barrel and car insurance forever rising.
Tags: Fuel, High, Insurance, Overcome, Premiums, PricesBut all is not lost. Car manufacturers are constantly working on electric vehicles to replace the petrol ones but it’s been slow coming. The problem has been that consumers are disappointed with the performance of electric cars but one company at least are overcoming this.
With a top speed of 125mph and doing 0 – 60mph in 3.9 seconds, the Tesla Roadster is an electric sports car to be proud of. Faster than a Lotus and as sleek as a Ferrari, this car should leave the competition standing. It is fast becoming the must have in Hollywood for those who are eco conscious, including George Clooney and Matt Damon, and is about to be released to the UK public who want to either reduce their carbon footprint or reduce their vehicle expenses.
Electric cars have always been much cheaper to run and car insurance companies favour them but, at best, they have so far managed a 48 mile range. That’s easy mileage to do just poodling around town, let alone on a long journey. They also need lead-acid batteries which have their own implications for the environment and need replacing every three years at a cost of 1,300 pounds each! Needing eight hours to fully charge, the whole idea that an electric car would be feasible has much with a good deal of opposition.
For some reason, manufacturers have struggled to make an electric car look anything other than silly. In fact, most of them look like the type your children pull back and then watch whiz across the floor. The hybrid vehicles, which run on a combination of petrol and battery have been the better looking option that are still cheaper to run than a complete petrol engine.
However, if you are concerned about the environment and you want to do your bit, if you’re interested in keeping down running costs and car insurance and if you are in the market for an electric car that costs almost 80,000 pounds you should at least be able to command that your car look more like a serious statement rather than a toy.
British engineering has come together with entrepreneurs from the US and PayPal founder Elon Musk, all with further investments from the founders of Google to bring the sleekest, sportiest, highest performance electric sports car invented to date. Battery recharging takes a mere three hours but will now last a much more impressive 220 miles.
So, how have they done this? To keep it simple they’ve used a different type of battery to the norm. Essentially, it is a much bigger version of a mobile phone battery and produces a stunning performance with a lifespan of 100,000 miles. Current orders of the Tesla have outstripped demand until 2009 in the US so let’s hope all the hype is justified, but more than that, let’s hope it brings an end to fuel tax keeping us over a barrel and car insurance forever rising.
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Car Fleet Insurance
What is a car fleet insurance policy? Simple, it is a motor fleet insurance policy made up of purely cars with no mix of other vehicles such as vans or haulage trucks, taxis etc.
Many fleet insurance policies consist of just cars although the range of vehicles covered can be wide and varied such as combinations of:
High Performance Cars – Subaru’s, Mitsubishi , Evo’s, Lotus etc
High Value Cars – Aston Martin, Porsche, Rolls Royce etc
4 x 4’s – Land Rover, Porsche, BMW, Ford etc
Hatchback / Saloon Cars – Ford, BMW, Volkswagen, Audi etc
Environmentally Economic Cars – Toyota, Pirius, Honda’s etc
The list of cars would be endless but hopefully you start to get the impression that fleet insurance can cater for all types of vehicles!
Your fleet car insurance can also cater for any trailers you may need to attach to your cars, trips abroad, breakdown cover, uninsured loss recovery and fleet insurance experts will discuss with you your needs and suggest solutions which you may not have previously considered.
Car fleet insurance experts should advise and look after you and your company’s needs at all times.
You are as individual as are your car fleet insurance requirements – something you should remember when other fleet insurance brokers attempt to send you along a route you may not be comfortable with!
Finding the right Motor Fleet Insurance for your business can be a daunting task. Despite popular opinion there are various levels of cover you can request from your Fleet Insurance. Your Motor Fleet Insurance needs to provide the right cover for your vehicles as well as your drivers. There are three levels of cover you can choose from:
Comprehensive
Third Party Fire & Theft
Third Party Only
Some fleet insurance companies will also allow you to have varied cover on your fleet insurance policy.
In addition to this cover you can also be offered certain extensions to your motor fleet insurance policy which may include:
Windscreen cover
Breakdown Cover
Courtesy cars
Legal Expenses Insurance
You need to give careful consideration as to who will drive your vehicles as the higher the age restriction the larger the discount you will receive from your fleet insurance company. Some of the more common restrictions you can opt for are:
Any Licensed Driver Over 30
Any Licensed Driver Over 25
Any Licensed Driver Over 21
In addition, if you have particularly sporty or expensive cars to be covered by your fleet insurance you may wish to voluntarily restrict the driving age just for these vehicles. This is to demonstrate that you are not going to let your 18 year old apprentice drive your Porsche!
Finally your fleet insurance broker will need to know the type of use for your motor fleet insurance. Examples of these are as follows:
Haulage
Carriage of Own Goods
Private and / or Public Hire
Social Domestic & Pleasure use only (SD&P)
SD& P and Business Use
Carriage of hazardous Goods
Airport Side Use Extension
Hopefully reading this has made you more aware of the varying cover a fleet insurance policy can offer you and your business.
Tags: Fleet, InsuranceMany fleet insurance policies consist of just cars although the range of vehicles covered can be wide and varied such as combinations of:
High Performance Cars – Subaru’s, Mitsubishi , Evo’s, Lotus etc
High Value Cars – Aston Martin, Porsche, Rolls Royce etc
4 x 4’s – Land Rover, Porsche, BMW, Ford etc
Hatchback / Saloon Cars – Ford, BMW, Volkswagen, Audi etc
Environmentally Economic Cars – Toyota, Pirius, Honda’s etc
The list of cars would be endless but hopefully you start to get the impression that fleet insurance can cater for all types of vehicles!
Your fleet car insurance can also cater for any trailers you may need to attach to your cars, trips abroad, breakdown cover, uninsured loss recovery and fleet insurance experts will discuss with you your needs and suggest solutions which you may not have previously considered.
Car fleet insurance experts should advise and look after you and your company’s needs at all times.
You are as individual as are your car fleet insurance requirements – something you should remember when other fleet insurance brokers attempt to send you along a route you may not be comfortable with!
Finding the right Motor Fleet Insurance for your business can be a daunting task. Despite popular opinion there are various levels of cover you can request from your Fleet Insurance. Your Motor Fleet Insurance needs to provide the right cover for your vehicles as well as your drivers. There are three levels of cover you can choose from:
Comprehensive
Third Party Fire & Theft
Third Party Only
Some fleet insurance companies will also allow you to have varied cover on your fleet insurance policy.
In addition to this cover you can also be offered certain extensions to your motor fleet insurance policy which may include:
Windscreen cover
Breakdown Cover
Courtesy cars
Legal Expenses Insurance
You need to give careful consideration as to who will drive your vehicles as the higher the age restriction the larger the discount you will receive from your fleet insurance company. Some of the more common restrictions you can opt for are:
Any Licensed Driver Over 30
Any Licensed Driver Over 25
Any Licensed Driver Over 21
In addition, if you have particularly sporty or expensive cars to be covered by your fleet insurance you may wish to voluntarily restrict the driving age just for these vehicles. This is to demonstrate that you are not going to let your 18 year old apprentice drive your Porsche!
Finally your fleet insurance broker will need to know the type of use for your motor fleet insurance. Examples of these are as follows:
Haulage
Carriage of Own Goods
Private and / or Public Hire
Social Domestic & Pleasure use only (SD&P)
SD& P and Business Use
Carriage of hazardous Goods
Airport Side Use Extension
Hopefully reading this has made you more aware of the varying cover a fleet insurance policy can offer you and your business.
Related posts